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Sep 28, 2012
09/12
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on the economy. he has been off. his friend has been terrific. >> he has done what he has been trained to do. it says on page 43 of the playbook, this is what you do. he doesn't know what else to do. lou: i have not heard a very good prescription from anyone else to be honest. you have the other side. chilly not functioning. the bottom line is you are in a very, very rare time. >> i can tell you what is going to happen. i just can't tell you when. lou: all right. tell us what is going to happen. >> what is going to happen is, you and i have talked. it the market has got to stop going up. yields are going to rise because if bernanke is right and it works the economy gets better if yields rise. there will be so much money lost in the bond market that people are not going to believe what happens to it, and that is going to force them, force them to go other places. lou: as always to the thank you for being here. thank you very much. up next, the obama administration admits the september 11th attack and libya that result
on the economy. he has been off. his friend has been terrific. >> he has done what he has been trained to do. it says on page 43 of the playbook, this is what you do. he doesn't know what else to do. lou: i have not heard a very good prescription from anyone else to be honest. you have the other side. chilly not functioning. the bottom line is you are in a very, very rare time. >> i can tell you what is going to happen. i just can't tell you when. lou: all right. tell us what is...
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Sep 28, 2012
09/12
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CNN
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank.
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank.
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Sep 28, 2012
09/12
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being such a creative economy. for example, energy prices have fallen a lot. and there are some other things you can count to on the upside. but so far businesses have been very reluctant to invest heavily, very reluctant to hire heavily. >> muhamed el-erian what do you see-- when you look at all this data coming in, what is most important to you? >> a few things. first the employment picture. and not just whether we're creating jobs or not. that's important. but also what's happening to those who remain unemployed. and that is a pretty worsening picture. that's why i call 2 a crisis. because long-term unemployment is really high. and youth unemployment is really high. and these are longer-term issues that we need to deal with. so the employment picture is very important. second, clarity for businesses. today no one has the confidence to invest. there is a ton of money, judy, on the sideline, a ton of money. and if we can engage that money in the system would be great. and third as ken rightly said, the global economy. we are facing he is vore headwinds. so a
being such a creative economy. for example, energy prices have fallen a lot. and there are some other things you can count to on the upside. but so far businesses have been very reluctant to invest heavily, very reluctant to hire heavily. >> muhamed el-erian what do you see-- when you look at all this data coming in, what is most important to you? >> a few things. first the employment picture. and not just whether we're creating jobs or not. that's important. but also what's...
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Sep 28, 2012
09/12
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weak leadership, lack of vision, inabilityo move to tackle the economy. not just slowing growth rate and export as broad. it's growing nonperforming loans and bank indebtedness, social inequities. whole series of issues that plague the economy going forward. >> time quick question, there are plenty of other party leaders who live beyond the obvious means of the government official. is that at all risky for them to file these kind of charges against bo? >> absolutely. he is not unique, we say. he is unique in that he was involved in a homicide or the cover-up of a homicide and his own political style is slightly unique but in terms of corruption, he is more representative, i would say, of the entire system. the system is riddled with this. and you know, there is lile irony that the princelings are the ones who are receiving most of this corruption. >> warner: professor david shambaugh, thank you. >> you're welcome, >> woodruff: and to the analysis of shields and brooks-- that's syndicated columnist mark shields and "new york times" columnist david brooks.
weak leadership, lack of vision, inabilityo move to tackle the economy. not just slowing growth rate and export as broad. it's growing nonperforming loans and bank indebtedness, social inequities. whole series of issues that plague the economy going forward. >> time quick question, there are plenty of other party leaders who live beyond the obvious means of the government official. is that at all risky for them to file these kind of charges against bo? >> absolutely. he is not...
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Sep 28, 2012
09/12
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ ♪ [ sighs ] [ bird chirps ] [ bird squawks ] ♪ [ bird screeching ]
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years,...
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Sep 28, 2012
09/12
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. ♪ ♪ one, two, three, four ♪ you say ♪ flip it over and replay ♪ we'll make everything okay ♪ walk together the right way ♪ do, do, do, do [ laughing ] [ laughing ] [ laughing ] [ laughing ] ♪
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop...
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Sep 28, 2012
09/12
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if the challenger in this economy can't get a lead on the president on that question, he won't win. >> ari, do you agree with that, on that key question? >> well, it all comes down to the sample size and the poll. again, if the poll is oversampling democrats, of course, you will get that answer. here's why, anderson, i think you have to dig a little deep. in the last six days, there have been seven polls in the state of florida. one of them has obama -- one of them has romney up by one point. the rest are a very close race within the margin of error, one point, three points, four points, four points, one for five points. a poll came out that shows the president is up nine points. here's how they got there. they have nine percentage point more democrat turnout than republican. it's a fantasy. in the 2008 obama landslide, it was advantage for the democrats of just three points. and republicans won florida in 2004. republicans turned out by four percentage points more. you just can't have those kind of swings, the numbers aren't reliable. >> cornell, what do you make -- >> i think what r
if the challenger in this economy can't get a lead on the president on that question, he won't win. >> ari, do you agree with that, on that key question? >> well, it all comes down to the sample size and the poll. again, if the poll is oversampling democrats, of course, you will get that answer. here's why, anderson, i think you have to dig a little deep. in the last six days, there have been seven polls in the state of florida. one of them has obama -- one of them has romney up by...
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Sep 28, 2012
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economy is faring. jobless claims filed last week hit the lowest level in two months. but the commer deprtment revised its estimate of second quarter economic growth from 1.7% down to 1.3%. the economic numbers were fodder for republican presidential nominee mitt romney. at a campaign stop in springfield, virginia he said the slow growth was proof that president obama's economic policies have not worked. >> if you don't believe me why look at the price of gas and the jobs in your community and the members of your family that are struggling for good work. if you don't believe me look at the numbers that just came out in the growth of our economy. 1.3% versus russia at 4%, china at 7-8%, we are at 1.3% this is unacceptable. it is not working. i know what it takes to get things working. >> sreenivasan: 200 miles away in virginia beach, president obama acknowledged the economy is still struggling. but he also promised the crowd he'll push for an era of what he called economic patriotism. >> during campaign season you always hear a lot about patriotism. well you know what?
economy is faring. jobless claims filed last week hit the lowest level in two months. but the commer deprtment revised its estimate of second quarter economic growth from 1.7% down to 1.3%. the economic numbers were fodder for republican presidential nominee mitt romney. at a campaign stop in springfield, virginia he said the slow growth was proof that president obama's economic policies have not worked. >> if you don't believe me why look at the price of gas and the jobs in your...
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Sep 28, 2012
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ megyn: free-for-all friday as we had not one but two car chases. trace gallagher got information on what we are seeing in phoenix, arizona. >> reporter: interstate 10. this guy is flying down internet 10. this has been going on for the better part of one hour. this is a carjacking suspect police have been following. he's driving a dodge caliber. and apparently he has fired shots at police. you can kind of see as they widen out. there are police cruisers behind him. this is going west on interstate 10. those who don't know the western region. interstate 10 runs from where you see now, phoenix, all the way to the coast in santa monica, california. so he could go on for as long as he's got gas thank that tank. the speeds have been upwards of 100 miles an hour. 110 miles an hour at some point in time. again the cops are going to proceed with this as they do in a lot of these car chases which means as much danger as posed to t
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ megyn: free-for-all friday as we had not one but two car chases. trace gallagher got information on what we are seeing in phoenix, arizona. >> reporter: interstate 10. this guy is flying down internet 10. this has been going on for the better part of one hour. this is a carjacking suspect police have been following. he's driving a dodge...
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martha: back to the economy now. there are dramatic new numbers that we got on economic growth this week that really show a stagnant economy. initially gdp growth estimate was up 1.7%, which is not a good number. you want to be north of 2% if you're going anywhere in this economy. then they took it down to the actual number which we got yesterday which got very little attention, really. 1.3% is the down regard revision on gdp for the second quarter. meanwhile the country is heading towards what has been talked about so much, the fiscal cliff that will kick in when we get into 2013, when the bush tax cuts expire and we've got 600 billion in spending cuts waiting around the corner. bob woodward talked about this. he talked about the efforts to avoid the fist alcliff and basically said that his reporting reveals that they have hit a wall because the president has a failure to community with lawmakers according to bob woodward, here is what he said. >> most of the most astonishing things is he doesn't have that relations
martha: back to the economy now. there are dramatic new numbers that we got on economic growth this week that really show a stagnant economy. initially gdp growth estimate was up 1.7%, which is not a good number. you want to be north of 2% if you're going anywhere in this economy. then they took it down to the actual number which we got yesterday which got very little attention, really. 1.3% is the down regard revision on gdp for the second quarter. meanwhile the country is heading towards what...
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Sep 28, 2012
09/12
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. i i had pain in my abdomen...g. it just wouldn't go away. i was spotting, but i had already gone through menopause. these symptoms may be nothing... but they could be early warning signs of a gynecologic cancer, such as cervical, ovarian, or uterine cancer. feeling bloated for no reason. that's what i remember. seeing my doctor probably saved my life. warning signs are not the same for everyone. if you think something's wrong... see your doctor. ask about gynecologic cancer. and get the inside knowledge. >>> welcome back to "early start." it is 12 minutes past the hour. i'm zoraida sambolin. >> i'm joh
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. i i had pain in my abdomen...g. it...
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Sep 28, 2012
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that is not a way to grow this economy. we have to grow the economy if we are going to make the tough decisions to make medicare and social security sustainable into the future. let me be clear once again. i believe that we cannot change the benefits for people over the age of 40. we need to be honest with our younger citizens in this country. you all know that the programs you have are not sustainable. but if the government is honest with you saying that things didn't change, maybe those under 40 need to look at means -- that things need to change, maybe those under 40 can make plans. we need to have a government that is honest. >> there's a big difference between sen. fischer and myself on this. i have said it is all it back to the entitlement commission in 1994. the problem was bad then and has gotten worse. the commitments do not necessarily mean we can afford to meet them. that is the problem retweet cannot afford it. what are we going to do about it? she's basically saying if you're over 40, you will not have to parti
that is not a way to grow this economy. we have to grow the economy if we are going to make the tough decisions to make medicare and social security sustainable into the future. let me be clear once again. i believe that we cannot change the benefits for people over the age of 40. we need to be honest with our younger citizens in this country. you all know that the programs you have are not sustainable. but if the government is honest with you saying that things didn't change, maybe those under...
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Sep 28, 2012
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it's good for the economy. it's good for our national security. that's what i mean when i say we need to go forward. that's what we're going to need to do. we need to give every american the chance to compete by making sure we've got the best education system in the world. that's the reason i'm standing here today. that's the gateway of opportunity and the gateway of the middle class. and because of the work we've already done, millions of young people are better able to afford college already. and now we've got to do more by hiring 100,000 new math and science teachers. by making sure that we're providing millions of new slots for folks to retrain at community colleges for the jobs that exist right now. continue to lower tuition costs for students so they're not loaded up with debt once they graduate. my opponent thinks that it makes sense for us to gut our investment in education in order to give a tax break to the wealthy. i disagree. i think what the united states of america means is that no child should be deprived of a good education. it mea
it's good for the economy. it's good for our national security. that's what i mean when i say we need to go forward. that's what we're going to need to do. we need to give every american the chance to compete by making sure we've got the best education system in the world. that's the reason i'm standing here today. that's the gateway of opportunity and the gateway of the middle class. and because of the work we've already done, millions of young people are better able to afford college already....
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Sep 28, 2012
09/12
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an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> reporter: while mitt romney reached out to veterans in the critical northern virginia suburbs. >> we're going to make sure and restore our economy and put people back to work, get rising take-home pay again. we're going to make sure we have a military that is second to none. i will do those things. >> reporter: right now the president has the edge in the k rgn is ahead by four points. romney told abc's david muir, he is not deterred by the numbers. >> well i am very pleased with some polls, less so with other polls. frankly, at this early stage, polls go up, polls go down. >> reporter: it is not really early. in fact, voting is already under way. voters in iowa started heading to the polls. next tuesday voters in ohio can do the same. that's why the president's latest ad where he's speaking directly to the camera for two minutes looks like a closing argument. >> there will be debates. speeches, and more ads. but if i could sit down with you in your living room or aro
an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> reporter: while mitt romney reached out to veterans in the critical northern virginia suburbs. >> we're going to make sure and restore our economy and put people back to work, get rising take-home pay again. we're going to make sure we have a military that is second to none. i will do those things. >> reporter: right now the president has the edge in the k...